From a longer term view crude oil on the montly seems to recover and gold will likely continue to rise since the previous breakout it is at a retracement point where you can see XAUUSD moving bearish it's acctually a retracement on the daily
As some of you know crude oil and gold are one of the most import and if gold goes up there is likely a negative correlation between USDCAD and gold wich means USDCAD would go bearish .